Randstad announces seed investment
Randstad Innovation Fund (RIF) is leading a seed financing in Focus Orange Technology B.V., and is further strengthening its portfolio of HR technology companies around talent acquisition and workforce management.
The investment is directed at the development of Crunchr, Focus Orange’s analytics platform. Crunchr collects, validates and consolidates people data into meaningful insights around strategic workforce planning, succession, talent management and employee preferences. Analyses are presented in multi-dimensional reports while the built-in learn function helps users translate insights into action.
“Crunchr fits Randstad’s objective to offer comprehensive total talent management solutions,” said Randstad executive board member, Linda Galipeau. “We have high expectations of Crunchr’s HR-analytics tool and of its potential to give our clients insights in their human capital and workforce planning.”
“We are at the forefront of HR data analytics,” commented Dirk Jonker, founding partner of Focus Orange and chief technology officer of Crunchr. “We are thrilled to have the financial support of Randstad Innovation Fund to accelerate the development of our custom modelling solution Crunchr Next, and to scale up deployment in Western Europe and the United States.”